Analyst Ratings for Loews Corp. (L)Updated: 2017-07-27
Loews Corp. (NYSE:L) was awarded an average rating of Hold from investment analysts following the stock. L had previously received a consensus rating of Hold a month ago.
5 analysts issued ratings on the stock, where 1 gave L a buy rating, 0 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for L. The highest price target was 46, which equates to a potential upside of -4.41 percent. The most pessimistic analyst gave a price target of 45, implying potential capital losses of -6.48 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.3 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -2.56 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.48 percent. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
The growth rate of L's earnings is estimated by analysts to be 22.1 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of L is 0.87.
L has traded between a high of 48.59 and a low of 39.71 over the past year. The current market price is above the trailing year's low by 21.18 percent, and 0.97 percent lower than its 52-week high. L has a price/earnings ratio of 19.17. Investors typically compare the P/E ratio to a company's peers in the industry. The L value stock report compares L to some of its peers using value stock charts. The stock has a market capitalization of $16.2 billion. L is estimated to release their earnings results for the quarter on 0000-00-00, days from today.